Tag Archives: Russia-Ukraine war

A.Celli starts up its tissue line at Kochavinska Paper Factory in Ukraine during war

Despite the extremely difficult situation created by the ongoing conflict, A.Celli and Kochavinska Paper Factory teams managed to start up the new iDEAL® tissue line provided for the plant located in the Lviv region. A.Celli and Kochavinska Paper Factory show the result of their joined forces: the first tissue paper roll produced with the new […]

Ukraine increases 22% exports of lumber to European Union in October

In October 2022, Ukraine’s exports of lumber to the European Union grew 22% year-on-year to 108 thousand m3, according to Lesprom . Average price of lumber decreased 11% at $318 per m3 compared to September, it was 20% lower than a year ago. Since August, Ukraine has replaced Russia as the main lumber supplier to the […]

Russian authorities reject sale of Mondi Syktyvkar mill for Euro 1.5 billion

The Russian authorities have not approved the sale of Mondi’s Syktyvkar mill in the Komi Republic, Russia. A possible reason is too high a transaction price. The Syktyvkar assets were planned to be sold to Augment  Investments Limited for RUB 95 billion (Euro 1.5 billion). Augment is an investment vehicle majority owned by Viktor Kharitonin, comprising […]

India may consider supplies of raw materials for the needs of Russian paper industry

India may consider the increase the supplies of raw materials for the needs of Russian paper and consumer packaging industries, as Russia experiences a serious shortage of such products due to Western sanctions. According to some Russian and foreign media reports, representatives of Russian authorities have called the Indian government to begin the supplies of […]

Huhtamaki to initiate process to divest its Russian operations

Huhtamaki has decided to initiate the process to divest its operations in Russia. This follows an earlier decision to stop all investments in Russia at the outbreak of the invasion of Ukraine. Huhtamaki considers that the current evolution of the situation and the long-term outlook in Russia will prevent the realization of its growth strategy […]

Stora Enso divests its sawmills and forest operations in Russia

Stora Enso has entered into an agreement to divest its two sawmills in Russia. The Company’s Nebolchi and Impilahti sawmills will be divested to local management. In addition, the divestment includes Stora Enso’s Russian forest operation which through its harvesting supplies wood to the sawmills.   Stora Enso’s assessment is that due to the uncertainties […]

Konecranes comments on the impacts of the war in Ukraine on its business and financial performance

Konecranes condemns the war in Ukraine. We are saddened and upset by the war and deeply concerned for our over 400 Ukrainian employees and their families. Their safety and well-being are number one priority for Konecranes as a company, and the Konecranes community is supporting them and their compatriots through local and global efforts. Konecranes […]

How Körber solutions help manufacturers overcome the supply chain challenges

As some West Coast port congestion eases in the United States, there’s reason to believe that the paper industry supply chain is showing signs of righting itself. That may ultimately be the case, but the sheer reach and impact of the disruption indicates no quick fix is on the horizon. In the United States, diversion […]